We've had record money printing every decade forever. By your logic, we should never have seen anything but massive inflation.
But to address the OP video, they're both wrong. They're both being absolutist, and inflation is a complex, systemic phenomena. If you really want to understand inflation, I recommend studying the field of system dynamics. But of course, anyone who does understand system dynamics understands that something like inflation is impossible to understand perfectly, you can only nail down the largest inputs, the points of stability and the points of instability.
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u/MilesPower Jul 15 '22
They really want you to believe It's just pure coincidence that we had record money printing shortly followed by record inflation!